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Touchstone Exploration Inc. - Proposed Private Placement Raising up to US$30 Million to Continue Successful Ortoire Exploration Program

Touchstone Exploration Inc. - Proposed Private Placement Raising up to US$30 Million to C...

articleTouchstone Exploration IncNovember 2, 20203/company/touchstone-exploration-inc/news/touchstone-exploration-inc-proposed-private-placement-raising-up-to-usdollar30-million-to-continue-successful-ortoire-exploration-program
Touchstone Exploration Inc. - Proposed Private Placement Raising up to US$30 Million to Continue Successful Ortoire Exploration Program

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[{"type":"text","content":"\n \n \n \n Touchstone Exploration Inc. - Proposed Private Placement Raising up to US$30 Million to Continue Successful Ortoire Exploration Program\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n CALGARY, Nov. 2, 2020\n \n \n \n \n \n THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO\n \n THE UNITED STATES\n \n ,\n \n AUSTRALIA\n \n ,\n \n NEW ZEALAND\n \n ,\n \n JAPAN\n \n , THE REPUBLIC OF\n \n SOUTH AFRICA\n \n , THE\n \n REPUBLIC OF IRELAND\n \n OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO.\n \n \n \n \n THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND SHALL NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR THE SOLICITATION OF AN OFFER TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY NEW COMMON SHARES OF TOUCHSTONE EXPLORATION INC. IN ANY JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL.\n \n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014. IN ADDITION, MARKET SOUNDINGS WERE TAKEN IN RESPECT OF THE MATTERS CONTAINED IN ‎THIS ANNOUNCEMENT, WITH THE RESULT THAT CERTAIN PERSONS BECAME AWARE OF SUCH ‎INSIDE INFORMATION. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE ‎INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL ‎THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION.‎\n \n \n \n CALGARY\n \n ,\n \n Nov. 2, 2020\n \n /CNW/ - Touchstone Exploration Inc. (\"Touchstone\", \"we\", \"us\" or the \"Company\") (TSX / LSE: TXP) announces a proposed placing in the UK and\n \n Canada\n \n (the \"Placing\") of up to\n \n US$30 million\n \n (approximately £23.2 million and\n \n C$40.0 million\n \n ) through the issue of common shares of no par value (the \"Placing Shares\") with institutional and other investors in the\n \n United Kingdom\n \n and\n \n Canada\n \n . In the event of excess ...

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